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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Rain075 on February 11, 2021, 11:45:28 PM

Title: Over 3 million ETH, worth more than $5 billion, has been staked in the Eth2 cont
Post by: Rain075 on February 11, 2021, 11:45:28 PM

The Ethereum 2.0 or Eth2 staking contract now holds over 3 million ether (ETH), worth more than $5.3 billion at current prices.

The contract continues to grab deposits, meaning more people are staking their ETH holdings to earn rewards. Just around two months ago, the address held around 1 million ETH.

Anyone can stake their ETH to earn rewards up to around 23%. However, all stakes can only be withdrawn when Phase 1.5 of Eth2 goes live — sometime in 2022.
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